Starwood Capital Entities Sign Letter of Intent to Create a Publicly-Listed, Growth Oriented Hospitality Company Through a Business Combination with Jaws Mustang Acquisition Corp

MIAMI BEACH, Fla., March 8, 2024 /PRNewswire/ — Investment entities affiliated with Starwood Capital Group (collectively, the “Starwood Capital Entities”) that own interests in a portfolio of hotels (the “Initial Portfolio”) comprised of the 1 Hotels properties in Manhattan and Brooklyn,…